Monthly archive June, 2022

The U.S. dollar firmed against its key counterparts in the European session on Friday, after a report showed that the nation's job growth exceeded economist estimates in May, fueling expectations that the Federal Reserve is likely to continue its tightening Read More →

The U.S. dollar exhibited strength against its major counterparts on Friday as data showing stronger than expected growth in U.S. non-farm payroll employment raised expectations that the Federal Reserve will continue to aggressively tighten its policy.Original Article Read More →

India's service sector grew at the fastest pace in more than 11 years in May, underpinned by a strong growth in demand following the reopening of the economy after the COVID-19 lockdowns, survey results from S& P Global showed on Read More →

Producer prices from eurozone and unemployment from Spain are due on Thursday, headlining a light day for the European economic news. At 3.00 am ET, Spain unemployment data is due for May.Original Article Read More →

Construction spending in the U.S. increased by less than expected in the month of April, according to a report released by the Commerce Department on Wednesday. The report showed construction spending edged up by 0.2 percent to an annual rate Read More →

The U.S. dollar climbed higher against its major counterparts on Tuesday as Treasury yields rose amid bets the Federal Reserve might resort to aggressive policy tightening to combat soaring inflation.Original Article Read More →